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17.03.26 - 14:18
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Altai Capital Management Issues Letter to OraSure Board Outlining Five-Pillar Case for Change in Response to Significant and Continued Underperformance (Business Wire)
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Calls on Company to Reach a Fair Settlement that Appoints Altai Nominees Rishi Bajaj and John Bertrand to the BoardLOS ANGELES--(BUSINESS WIRE)--Altai Capital Management, L.P. ("Altai"), one of the largest shareholders and the beneficial owners of approximately 5% of the outstanding common stock of OraSure Technologies, Inc. (“OraSure” or the “Company”) (NASDAQ: OSUR), today announced that it has delivered a letter to the OraSure Board of Directors (the “Board”) outlining a five-pillar case for why change is necessary to preserve and deliver value for its investors.
In the letter, Altai calls on the OraSure Board to reach a fair settlement that results in the appointment of Altai's highly-qualified director nominees, Rishi Bajaj and John Bertrand, to the Board.
Highlights of the letter, which can be found in full here, include:
Chronic Underperformance. OraSure's share price has dramatically underperformed comparable companies and broader indices over both five- and ten-year period...
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10.02.26 - 14:09
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OraSure to Launch OraQuick™ HIV Self-Test in Canada (GlobeNewswire EN)
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BETHLEHEM, Pa., Feb. 10, 2026 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (“OraSure”) (NASDAQ: OSUR), a leader in point-of-need and home diagnostic tests and sample management solutions, today announced its OraQuick™ HIV Self-Test has received a license from Health Canada for use in Canada....
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15.01.26 - 14:39
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Altai Capital Management Nominates Two Highly-Qualified Candidates for Election to OraSure Board of Directors (Business Wire)
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Reiterates Urgent Need for Change to Address Company's Failure to Deliver Value to ShareholdersLOS ANGELES--(BUSINESS WIRE)--Altai Capital Management, L.P. ("Altai"), one of the largest shareholders and beneficial owners of approximately 5.2% of the outstanding common stock of OraSure Technologies, Inc. (“OraSure” or the “Company”) (NASDAQ: OSUR), today announced that it has nominated two highly-qualified candidates, John Bertrand, Co-Founder of Digital Diagnostics, and Rishi Bajaj, President and CIO of Altai, for election to the OraSure Board of Directors (the “Board”) at the 2026 Annual Meeting of Stockholders.
The nomination follows Altai's December 17 letter to the Board outlining its serious concerns about the Company's significant share price underperformance driven by poor strategic and capital allocation decisions by management and the Board's refusal to consider alternative strategies for value creation.
“As long-term OraSure shareholders, we remain firmly convinced in...
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17.12.25 - 14:06
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Altai Capital Management Announces Intention to Nominate Two Highly-Qualified Candidates for Election to OraSure Board of Directors (Business Wire)
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Issues Letter Outlining Company's Failure to Deliver Value to Shareholders
LOS ANGELES--(BUSINESS WIRE)--Altai Capital Management, L.P. (“Altai”), one of the largest shareholders and beneficial owners of approximately 5.2% of the outstanding common stock of OraSure Technologies, Inc. (“OraSure” or the “Company”) (NASDAQ: OSUR), today announced that it has delivered a letter notifying the OraSure Board of Directors (the “Board”) of Altai's intention to nominate two highly-qualified candidates, John Bertrand, CEO of Digital Diagnostics, and Rishi Bajaj, President and CIO of Altai, for election to the Board at the upcoming 2026 Annual Meeting of Stockholders.
The intention to nominate these candidates comes in response to OraSure's significant share price underperformance driven by poor strategic and capital allocation decisions and the Board's refusal to consider alternative strategies for value creation. As long-term shareholders motivated to drive change, Altai believes these candidate...
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